Israel sells $3 billion bond as regional tensions abate

Israel sells $3 billion bond as regional tensions abate

January 10, 2020
By VIRGINIA FURNESS

Israel has taken orders of $20 billion for its first Eurobond of the year, despite the deadly strike on an Iranian general that threatened to push simmering Middle Eastern tensions to boiling point in early January.

Seven options for Lebanon as economic crisis deepens

Seven options for Lebanon as economic crisis deepens

December 02, 2019
By VIRGINIA FURNESS

The Lebanese authorities said that they met a $1.5 billion bond payment in late November, but with the country rapidly running out of money and in the absence of any clear ability to enact reforms, Euromoney looks at its options.

Cashless Kingdom: Saudi approves new e-wallet operator

Cashless Kingdom: Saudi approves new e-wallet operator

November 22, 2019
By VIRGINIA FURNESS

BayanPay, a digital payments company owned by London-listed Finablr, has received regulatory approval to operate its mobile money platform in Saudi Arabia, as the Kingdom looks to a future without cash.

Lebanon can stave off default, says central bank governor

Lebanon can stave off default, says central bank governor

October 24, 2019
By VIRGINIA FURNESS

Riad Salamé says that Lebanon has the tools it needs to stave off default, but with protestors demanding fundamental change, analysts question whether a radical overhaul of the country's economy is what is really needed.

African IPOs to set tone for private equity exits

African IPOs to set tone for private equity exits

October 11, 2019
By VIRGINIA FURNESS

Multilateral Afreximbank is set to become the latest African company to list in London, offering investors a rare chance to take on pan-African exposure, but the mixed performance of recent deals as well as difficult market conditions may make it a tough sale.

Conservation finance: Seychelles' troubled waters

Conservation finance: Seychelles' troubled waters

October 10, 2019
By KANIKA SAIGAL

The Seychelles was the first country to issue a debt-for-nature swap to protect its marine environment; it was also the first to issue a blue bond, raising capital to finance sustainable marine and ocean-related projects. But can it overcome the teething problems and provide a model other island nations can follow?

Can finance help Africa keep its wildlife?

Can finance help Africa keep its wildlife?

October 09, 2019
By HELEN AVERY and KANIKA SAIGAL

The rhino impact bond has sparked excitement that financial tools can play a role in helping Africa conserve its wildlife. As the continent’s population level is set to rise quickly, Euromoney looks at the work being done to connect conservation with economic growth.

How democracy benefits Africa’s debt

How democracy benefits Africa’s debt

September 18, 2019
By KANIKA SAIGAL

In Africa, the more democratic a country is, the higher its Euromoney Country Risk score, but as the continent’s ECR grade stalls, African countries are diverging – politically and economically.

Entering the era of intelligent payments

Entering the era of intelligent payments

September 18, 2019
By KANIKA SAIGAL

Automation and artificial intelligence are transforming the payments industry into one of the most dynamic sectors of transaction banking. But there are still many teething problems in an industry that has been catapulted onto centre stage.

Kurdistan readies for post-ISIS future

Kurdistan readies for post-ISIS future

September 12, 2019
By CHRIS WRIGHT

It’s not long ago that Kurdistan was on the brink of accessing the international markets. Then came ISIS, strained relations with Iraq and the challenge of being shackled to a state from which the population wants independence. Is Kurdistan ready to approach world markets again?

Algeria’s battle for modern banking

Algeria’s battle for modern banking

September 12, 2019
By OLIVIER HOLMEY

A properly functioning financial system has long eluded the country. As it moves on from Abdelaziz Bouteflika’s 20-year leadership, can the financial system finally overcome its many problems?

Liberia sees a second chance

Liberia sees a second chance

September 12, 2019
By KANIKA SAIGAL

For many international investors, Liberia isn’t relevant. It offers little in terms of natural resource, while global banks find doing business there too risky and its young and poor population offers little commercial opportunity. Can China help turn this around?

Israel fintechs: From start-up to scale-up

Israel fintechs: From start-up to scale-up

August 12, 2019
By KANIKA SAIGAL

Israel has become one of the world’s most important fintech hubs, attracting millions in investment from some of the biggest global brands and venture capital funds. Can its start-up culture now evolve to grow large fintech businesses at home?